-0.4 on previous index reading
The Bank of Ireland Economic Pulse came in at 87.9 in January 2019. The index, which combines the results of the Consumer and Business Pulses, was down 0.4 on last month and 4.9 lower than a year ago.
2019 got off to a muted start, with growing fears of a no deal Brexit – as widely anticipated, Prime Minister May’s deal failed to make it through the UK Parliament the first time out – taking a toll on consumer sentiment in particular. Households downgraded their assessment of the economic outlook this month, while the mood among firms remained subdued.